Notts AS
ASDissolvedOrg 920352448Karisvingen 20, 7040 TrondheimReal estate activities with own property and development of building projects· NACE 6810Est. 2018 · 8 years old0 employees
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Overview
Notts AS is a Norwegian AS based in Trondheim, operating in the Real estate activities with own property and development of building projects sector. Incorporated in 2018, the company has 0 employees and reported revenue of NOK 198 in its latest annual filing.
Revenue 2020
0.2K NOK
EBITDA margin
−4,138.9 %
−1% vs 2019
Net profit 2020
-9.7K NOK
-47% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
7.2 %
WeakAmong the 30% lowest rated companies in the industry
20182020
Liquidity ratioCurrent assets ÷ Short-term debt
0.0×
Very weakAmong the 10% lowest rated companies in the industry
20182020
Return on assets (ROA)Net profit ÷ Total assets × 100
-3.8 %
WeakAmong the 30% lowest rated companies in the industry
20182020
EBITDA — year on year
NOK thousandsKey figures
Annual report 2020| Revenue | 0.2K NOK | — |
| EBITDA | -8.2K NOK | -1% |
| Net profit | -9.7K NOK | -47% |
| Total assets | 256.5K NOK | 0% |
| Equity | 18.5K NOK | -35% |
| Employees | 0 | — |
Company information
Legal name
NOTTS AS
Org number
920352448
Legal form
Aksjeselskap
Founded
24 January 2018 · 8 years
Share capital
NOK 30,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Company purpose
Kjøp og salg av aksjer, andeler og fast eiendom samt det som naturlig står i forbindelse med dette
(no translation available)
Address
Karisvingen 20, 7040 Trondheim
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Financial development
In its most recent annual report (2020), Notts AS reported revenue of NOK 198. The figures on this page draw on 3 annual filings covering 2018 to 2020. The bottom line showed a net loss of NOK 9.7k, and the EBITDA margin stood at -4,138.9%.
At the end of 2020, equity financed 7.2% of the balance sheet, and current assets covered short-term debt 0 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2020 | 2019 | 2018 |
|---|---|---|---|
| Revenue | 0 | 0 | 19 |
| Staff expenses | -0 | -0 | -0 |
| EBITDA | -8 | -8 | 17 |
| Depreciation & amort. | -0 | -0 | -0 |
| EBIT | -8 | -8 | 17 |
| Net financials | -0 | 0 | 0 |
| Profit before tax | -8 | -8 | 17 |
| Tax | 1 | -1 | 1 |
| Net profit | -10 | -7 | 15 |
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Balance sheet
NOK thousands| Item | 2020 | 2019 | 2018 |
|---|---|---|---|
| Total assets | 256 | 256 | 258 |
| Equity | 18 | 28 | 35 |
| Long-term debt | 0 | 0 | 0 |
| Short-term debt | 238 | 228 | 223 |
| Total debt | 238 | 228 | 223 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20182020
Equity ratio
7.2 %
WeakAmong the 30% lowest rated companies in the industry
20182020
Return on equity
-52.7 %
Very weakAmong the 10% lowest rated companies in the industry
20182020
Net profit margin
<−999 %
Very weakAmong the 10% lowest rated companies in the industry
20182020
Asset turnover
0.00×
WeakAmong the 40% lowest rated companies in the industry
20182020
Debt / equity
12.88×
Very weakAmong the 20% lowest rated companies in the industry
20182020
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery weak
Among the 10% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery weak
Among the 10% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 10% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 40% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery weak
Among the 10% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery weak
Among the 10% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 10% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 30% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 20% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 10% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtStrong
Among the 30% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 30% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JO Chairman | Chairman | 2018 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Company hierarchy
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Notts AS Board network connections
Board members of Notts AS also hold positions in 31 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jon Olav Hjelde | Chairman | 31 companiesMany roles |
Frequently asked questions
What is the Org number of Notts AS?
Notts AS is registered with Brønnøysundsregistrene under Org 920352448.
What is the revenue of Notts AS?
Notts AS reported revenue of NOK 198 in 2020.
Who is the chairman of Notts AS?
Jon Olav Hjelde chairs the board of Notts AS.
Where is Notts AS headquartered?
Notts AS's registered address is Karisvingen 20.